Which of the Following Is True About Inflation

question 50

Multiple Choice

Which of the following is true about inflation?

• A) Inflation promotes social harmony by uniting people against the government.
• B) Inflation is more damaging if it is anticipated.
• C) Accurate anticipation of inflation is possible for everyone who is well informed about economic events.
• D) Those who lend money at a rate below the rate of inflation suffer economic losses.

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Definitions:

Selective Enforcement

The practice of applying laws, policies, or regulations more strictly to some individuals or groups than to others, often based on discretionary decision-making.

Uneven Enforcement

A situation where laws, rules, or regulations are applied inconsistently, leading to unfair or discriminatory practices.

Whistle-Blower

A Whistle-Blower is an individual who exposes illegal or unethical activities within an organization to the public or higher authorities.

Legal Rulings

Official decisions made by a court or a judge regarding disputes or legal questions that have been presented for resolution.